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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 95464 [Title] => Textile mills see 10% hike in net income [Summary] => The countrys textile mills have projected at least a 10-percent increase in net income this year following an upsurge in the availability of locally-produced cotton lint.
An official of the Textile Mills Association said the abundance of cotton lint in the local market could reduce the importation of the product from such countries as the United States, Pakistan and Australia, thereby "lowering our production cost.
"We will make more profit since the decrease in importations of this product can save us millions of dollars," the source said.
[DatePublished] => 2001-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By by Rommel Ynion | June 13, 2001 - 12:00am
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